Thank you for looking at our property services. Whether you are a first-time buyer or a property portfolio owner, we are here to take the stress out of buying and selling a freehold residential property.
We will guide you through each step of your transaction and offer a service that that fits your exact requirements. Where necessary we can recommend other professionals such as Surveyors, IFA’s and property valuers and other property related businesses and trades.
At a time where money really matters, we always provide a quality service at a fair price. We will keep you up-to-date with all of the relevant information so you can make informed decisions and have complete confidence that every detail has been properly taken care of.
We have an experienced team who understand intricacies of property transactions and the stress involved in buying, selling or re-mortgaging your property. Our approach is simple; we provide a first-class service from our expert team who will understand your needs and make the difference by interacting with all relevant parties, removing confusion and uncertainty, dealing with all of the legal details of a property transaction on your behalf.
Our team is made up of qualified and experienced Solicitors and Licenced Conveyancers who have the legal and technical “know how” to resolve issues as they arise in a professional and efficient manner. We understand that communication is key, so will make sure we are always available to answer your questions in plain English and ensure you are kept up-to-date with everything you need to know.
You will have the confidence that you are our priority, with our aim being that a member of the team is available to speak with you when you need some clarity and certainty at any stage in the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have. This may be one of the biggest investments of your life and we not only want to provide that first-class service, but value for money and no hidden fees.
We are proud to hold CQS Accreditations, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain high levels of client care.
The fees involved in any transaction are important and we review our fees on a regular basis, considering clients’ feedback so we can make sure we always offer the best value for your money.
We typically work on a fixed fee basis, ensuring that you know what the fees will be for your transaction from the outset. If, during the transaction, there is a new development, we will discuss the change in fees with you and agree a way forward. This would typically occur if you changed your instructions, or your case involves an unforeseen complexity.
Our fees are set out as:
Our fees cover all the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
VAT, currently 20%, will be payable on all our fees and some disbursements, and we will clearly confirm which disbursements carry VAT in our formal quotation or as we advise you to incur them.
| Item | Amount | VAT | Subtotal |
|---|---|---|---|
| Conveyancing Fee*
Up to £500,000 £500,001 – £900,000 £901,000 – £1.25 million Over £1.25 million |
£1,600 £1,850 £2,100 0.1% + £850 |
£320 £370 £420 TBC |
£1,920 £2,220 £2,520 TBC |
| Fee for acting on behalf of the mortgage lender (usual)
Specialist lender |
£225 £350 |
£45 £70 |
£270 £420 |
| HM Land Registry searches, documents fee and due diligence | £100 | £20 | £120 |
| Electronic money transfer fee (per transfer) | £45 | £9 | £54 |
| Fee for filing SDLT Return | £150 | £30 | £180 |
The final quote will depend on the value and location of the property and the complexity of the transaction. We would warn you that there are some charges made by others which we will not be able to ascertain until we are instructed and make the necessary enquiries.
Note: if the lender is not standard bank/building society, but specialist lenders or the loan value is over £600,000, the fee for Acting for Lender will be higher.
* For properties with a value in excess of £900k, our average pricing ranges from £1,500 to £1,750 plus VAT (£1,800 – £2,100 Inc. VAT) which is dependent on the final value and complexity, and we will provide a final quotation within this range when we have obtained the necessary information from you. For properties over £1.25 million, we typically charge on a percentage basis which is 0.1% of purchase price/sale price plus £500 plus VAT. All other fees will remain the same irrespective of value of property.
** For residential property purchases using a corporate vehicle (purchasing a residential property through a Limited company) there is a supplemental fee of £250.00 plus VAT (£300.00 Inc. VAT) plus £22.20 companies house filing fee. This is due to company’s house registration requirements and additional documents required for lending purposes.
Our average fees assume that:
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. We will only charge you the actual amount we pay out to third parties and there will be no additional charge on it.
| Item | Amount | VAT | Subtotal |
|---|---|---|---|
| HM Land Registry Fee | As per HMLR Fee table based on price | ||
| Searches (Subject to VAT) – | We would be required to carry our various searches in your purchase or in some cases remortgage transactions. Searches are usually provided by local authorities, utility providers (such as Thames Water) and other private search companies. Searches are usually subject to VAT. For example, a residential search pack which includes a local authority search, drainage search and environmental search would be approximately between £250.00 – £370.00 inclusive of VAT. |
For land registry fees please see : https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
Disbursements may be subject to change if further information relating to your property becomes available, for example, if you require additional searches
This will depend on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website here.
The estimated Grand Total of the transaction will be confirmed in your client care documents
We do not undertake tax advice.
Our fees are fixed, however there may be factors which would typically increase the cost of the fees estimated above. Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.
Factors that may lead to an increase in cost include:
For any transaction, the timescales are subject to change depending on when your offer is accepted and factors involved such as:
A typical transaction will take between 6 – 8 weeks. However, if any of the above apply, or there are other factors we need to take into consideration, it may increase the time by a further 4-6 weeks or longer and additional charges may occur. We will discuss this with you at the earliest opportunity so you always have a clear picture of how long things are likely to take.
With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:
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